Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Skeet Shipman who wrote (56746)	2/12/2002 5:09:10 AM
From: William H Huebl	Read Replies (1) \| Respond to of 94695

<...stockholders need to become much more active in selection and approval of boards of directors.> or at least more discerning in the stocks they pick???

To: Skeet Shipman who wrote (56746)	2/13/2002 4:44:56 AM
From: Skeet Shipman	Respond to of 94695

Wall Street Crooks keep coming back unless you bar them from participating. The Alliance Capital fund investors want to get rid of Savage. Savage, the chairman of New York-based Alliance Capital Management and an Enron director since 1999, was reelected to Qualcomm's board at a shareholder meeting in San Diego. He has been a Qualcomm director since 1996 and was backed by company founder and Chief Executive Irwin Jacobs. Labor union AFL-CIO and California's public employee retirement plan CalPERS, the nation's largest, had wanted Savage dropped from Qualcomm's board because he served on the Enron board that approved the off balance sheet partnerships and fraudulent accounting.